Financial Times and other news sources say Orascom Telcom from Egypt plans to roll out a mobile service “to the Korean People” (PDF PR spin here). Something is amiss here, but what it is, I do not know but will guess it is not for the people, but a select few. We all know what happened in 2002 when the DPRK confiscated handsets because that may threaten the survival of the regime. Somehow, this strikes me as different. Again, what it is exactly, I cannot put my finger on it.
So now it is take two for the handsets:
[...]
Naguib Sawiris, chief executive of Orascom, said the move was “in line with our strategy to penetrate countries with high population and low penetration by providing the first mobile telephone services. OTH has consistently proved its ability to successfully roll out mobile services into countries where no other operator has.”
North Korea has a population of about 23m, but there is currently no mobile service in the country. Orascom plans to offer cover to Pyongyang and most of the major cities during the first year of operations.
In spite of Orascom’s upbeat statement on the business prospects in North Korea, analysts doubted if the company’s venture into the communist state could be profitable. The communist state has strictly restricted ordinary people’s access to information for fear of political change.
Emphasis mine. I know it is a business and the idea from an investment is the hope of getting some return. The problem is, this is the DPRK we are dealing with, and profits are only in line for the State (Kim Jong Il), the very select few get access (major cities because only the privileged get to live in places like Pyongyang and Wonsan) and chances are, if there is any inkling of dissent or problem, Kim will pull the plug again. It is my opinion this is a waste of time and money.
A mobile network is still believed to exist in Pyong-yang to provide mobile services to government officials but foreigners are not allowed to use mobile phones in the country.
…and I do not think outsiders will be allowed mobile phones, media or other similar things in the near future. The only true way to invest is to start clean once Kim is gone and some oversight is in place.
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